Work begins today, Jan. 15, on the design phase for a new satellite dialysis unit at Glace Bay Hospital. “We are excited to be taking these first steps toward making a new satellite dialysis unit at Glace Bay Hospital a reality,” says Connie Gregory, senior director for renal programs with Nova Scotia Health Authority. “Our planning committee will be working with the design team and architects to help build a satellite unit that meets care standards and the clinical needs of the renal team and most importantly, our patients.” The planning committee is holding its first meeting today. This group includes representatives from the authority’s renal program, staff and physicians and the authority’s building infrastructure team. Staff members from the Department of Transportation and Infrastructure Renewal and Nova Scotia Department of Health and Wellness are also part of the group. The province announced plans for the new unit in April 2017. A tender for preliminary design and consulting services was awarded to William Nycum and Associates of Halifax valued at $526,025. The new six-station unit will help enhance renal care in Cape Breton. It complements the main dialysis unit at the Cape Breton Regional Hospital in Sydney as well as satellite units in North Sydney, Inverness and Evanston near Port Hawkesbury. Patients from Glace Bay and area now travel to Sydney for dialysis. The new unit will mean less travel for many of those patients. “This new unit reinforces our ongoing commitment to enhance access and provide quality care to our patients,” says Dr. Tom Hewlett, nephrology medical lead for Cape Breton. “The unit will also help improve the quality of life for many patients in the Glace Bay area. “Being able to provide service closer to their community will make a huge difference in the lives of local renal patients and their families.” There are about 180 people on dialysis in Cape Breton. About 50 of those patients are from the Glace Bay area. “The dialysis unit will be a great addition to the hospital and the community,” said Business Minister Geoff MacLellan, on behalf of Lloyd Hines, Minister of Transportation and Infrastructure Renewal. “This is an important service and I know patients have been waiting a long time. I’m happy to see the work continue on this project.” Funding for part of the project will come from the estate of the late Thomas Peach of Glace Bay, who left $1.9 million with the intent of helping establish dialysis services in the community.
CALGARY — TransCanada Corp., the Calgary-based energy company, said in its quarterly results that it agreed to sell its 62 per cent stake in five wind farms in Quebec’s Gaspe peninsula to Innergex Renewable Energy Inc. for about $630 million.The Cartier wind power facilities currently have a total generating capacity of 590 megawatts and Innergex says the long-term plan is to generate approximately 1,780 gigawatts — enough to power about 80,900 Quebec households.The electricity produced by the wind farms is sold under existing agreements at fixed prices for terms of 20 years with Hydro-Quebec.Innergex said it expects the acquisition to generate revenues of approximately $82.9 million.The sale is subject to closing conditions and is expected to close in the fourth quarter of 2018.Following the sale, TransCanada said it will continue to be one of Canada’s largest private-sector power generators, producing enough power to meet the needs of more than six million homes.TransCanada also reported that second-quarter profits fell by 11 per cent.Net income attributable to common shareholders amounted to $785 million, or 88 cents per share, down from $881 million, or $1.01 per share during the same period in 2017.The most recent quarter included an $11 million after-tax loss related to the winding down of U.S. Northeast power marketing contracts.Revenue totalled $3.2 billion, largely in line with last year.Excluding that impact and adjusting for other items, earnings amounted to 86 cents per share, up from 76 cents per share in the year-ago quarter.That beat analysts expectations for adjusted earnings of 75 cents per share, according to Thomson Reuters Eikon, as 2018 results included projects that recently entered service and the positive impact of U.S. tax reform.The company projects that earnings and cash flow will continue to rise amid new projects entering service, strong market fundamentals and maintenance capital spending advancing as planned.TransCanada declared a dividend of 69 cents per share for the quarter ending Sept. 30, and expects annual dividend growth between eight to 10 per cent over the next few years. read more